secwatch.observer — SEC 8-K summary
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Issuer:     PRO DEX INC (PDEX)
CIK:        0000788920
Form:       8-K
Filed at:   2025-09-04T23:59:59+00:00
Accession:  0001079973-25-001427
Event type: earnings
Sentiment:  positive
Materiality: 0.75
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Pro-Dex FY2025 sales up 24% to $66.6M, net income surges to $9.0M from $2.1M; Q4 gross margin hit by tariffs
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- Full-year net sales $66.6M (+24% YoY), operating income $10.7M (+49%), net income $9.0M ($2.67 diluted EPS) vs $2.1M ($0.60).
- Q4 net sales $17.5M (+16% YoY) but gross margin fell to 20% from 27% due to unfavorable product mix and tariff costs; net income $1.2M ($0.36) vs $1.6M ($0.46).
- Backlog as of June 30, 2025, was $50.4M; CEO expects continued revenue and operating income growth in FY2026.
- Tariff costs and shift to legacy handpiece impacted Q4 margins; company working on sharing tariff costs with customers.
- Unrealized gains on marketable equity investments contributed $1.5M to FY net income vs $4.1M unrealized loss in FY2024.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/788920/000107997325001427/0001079973-25-001427-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/788920/000107997325001427/pdex_8k.htm
  HTML page:      https://secwatch.observer/filing/0001079973-25-001427

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer